OVERVIEW: Funding Advisors was started by Wellness Wishes who is…
Wellness Wishes Incorporated is an Ohio-based 501(c)(3) non-profit corporation established in 2011. Our mission is to fund a healthier future for communities and their members. Broad in nature, our initiatives embody a holistic and health-centric environment, and can be broken down into four main categories:
One thing that makes us unique as a non-profit is that, while we employ traditional philanthropic fundraising initiatives, we have an internal funding vehicle that is proving much-needed money back to veteran’s healthcare organizations, groups and services. It’s our Funding Advisors Claims Recovery program.
Funding Advisors Claims Recovery (FACR) is…
Funding Advisors Claims Recovery LLC (incorporated in 2018 in the state of Ohio) is the service outlet for a funding strategy implemented by Wellness Wishes. FACR conducts digital payment integrity analyses on zero-balance accounts and recovers lost revenue that hospitals, practices, other healthcare organizations and emergency response departments are unaware of as being “still owed”. FACR offers a no-risk service, only collecting fees on funds we help identify and recover. Staying true to our philanthropic roots, Wellness Wishes then earmarks a certain percentage of those fees to go back into the organization’s foundation, philanthropic partner, community enrichment project or newly-created fund; while other portions of the fees are used to fund Wellness Wishes’ efforts.
SAMPLE CASE STUDIES –
NM Healthcare Facility Western Pennsylvania Health System
35 Beds 515 Beds
$102,920,609 annual revenue $480M annual revenue
Results of Audit: Results of Audit:
ER – 12.05% Radiology - 30.79%
Surgery – 13.5% Lab – 10%
Base – 6.22% MRA – 30.58%
Base – 26.99%
Established in 2011 with a mission is to fund a healthier future for communities and their members.